Why Live in Lisbon
Lisbon, Illinois, established in the 1830s, is a small village known for its quiet, slow-paced lifestyle. Primarily a farming community, it attracts residents who prefer wide open spaces and peaceful lanes over the hustle and bustle of nearby cities like Yorkville, Morris, and Minooka. The village features large lots and older homes, with many dating back to the early 1900s. Housing styles include brick colonials, farmhouses, and modest bungalows, with properties ranging from half-acre plots near the town center to 5 and 10-acre lots further out. John Moore Park and Newark Community Park provide outdoor recreation options, including playgrounds, basketball courts, and baseball diamonds. Local dining and shopping are available in nearby Newark, with notable spots like Country Kitchen offering hearty meals. For groceries, residents can drive 20 minutes north to Yorkville's Aldi or Jewel-Osco. Lisbon Grade School, serving kindergarten through eighth grade, is highly rated, and Newark Community High School offers a favorable student-to-teacher ratio and additional vocational courses for juniors and seniors. The Charles B. Phillips Public Library supports community engagement with various programs. Lisbon is approximately 60 miles from Chicago, making it accessible for work or leisure trips to the city.
Frequently Asked Questions
What is the average home price in Lisbon, IL?
Homes for sale in Lisbon, IL have an average home price of $225,000.
How many homes have sold over the last 12 months in Lisbon, IL?
1 home has sold in Lisbon, IL over the last 12 months.
What are the most popular zip codes in Lisbon, IL?
How much do you need to make to afford a house in Lisbon?
The median home price in Lisbon is $225,000. If you put a 20% down payment of $45,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,160 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $50K a year to afford the median home price in Lisbon.
How are the schools in Lisbon, IL?
Home Trends in Lisbon, IL
On average, homes in Lisbon, IL sell after 4 days on the market compared to the national average of 50 days. The median sale price for homes in Lisbon, IL over the last 12 months is $225,000, up 25% from the median home sale price over the previous 12 months.
Median Sale Price
$225,000
Median Single Family Sale Price
$225,000
Average Price Per Sq Ft
$180
Last 12 months Home Sales
1
Median List Price
$225,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
25%